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Conor McGregor Endorses Irish Bitcoin Strategic Reserve

Coin WorldSaturday, May 10, 2025 8:16 am ET
1min read

UFC superstar Conor McGregor has publicly endorsed the idea of an Irish Bitcoin strategic reserve, igniting a renewed discussion about the country’s financial future and the potential role of digital assets in national policy.

McGregor's endorsement came in the form of a post on X, which quickly garnered over half a million views. In his post, he emphasized the empowering nature of cryptocurrency, stating that it was founded to give power back to the people. He further suggested that an Irish Bitcoin strategic reserve would give power to the people’s money. McGregor also announced that he would be cohosting a Twitter Space to discuss his vision for changes in this area, expressing his commitment to keeping the conversation going and potentially influencing decision-makers at a crucial time for digital asset adoption in Europe.

The concept of a strategic Bitcoin reserve involves a government or institution intentionally holding Bitcoin as part of its national reserves, alongside traditional assets like gold and foreign currency. Proponents of this idea argue that Bitcoin’s fixed supply, neutrality, and decentralization make it an ideal hedge against inflation and a tool for diversifying national portfolios. They also highlight its global liquidity and the potential for long-term growth as a digital asset for a digital age.

Ireland would not be the first country to consider such a move. El Salvador made headlines in 2021 as the first nation to adopt Bitcoin as legal tender and to add it to its national reserves. Other countries, including the Czech Republic, Switzerland, Russia, and Poland, have also begun to explore the idea of holding Bitcoin as a reserve asset. In the U.S., several states have introduced proposals to explore Bitcoin reserves, with New Hampshire recently approving the first state-level Bitcoin strategic reserve law.

Ask Aime: What's your take on Conor McGregor's endorsement of an Irish Bitcoin strategic reserve?

McGregor’s involvement in this debate could significantly impact the Irish discussion. As one of Ireland’s most recognizable global figures, McGregor has a history of using his platform to advocate for causes he believes in, from athlete rights to business innovation. His interest in an Irish Bitcoin strategic reserve could capture the public’s imagination and put pressure on policymakers to consider such a move.

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DaddyLungLegs
05/10
McGregor's move could be a game-changer for Ireland. 🚀 Hope they watch out for FOMO, though.
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raool309
05/10
Crypto-reserve sounds bullish for €-denominated assets
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joethemaker22
05/10
El Salvador vibes? Ireland might go digital next
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THEPR0P0TAT0
05/10
McGregor's move could pump Irish crypto adoption 🚀
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CaseEnvironmental824
05/10
HODLing BTC, ETH for long-term gains, y'all?
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Individual-Credit440
05/10
@CaseEnvironmental824 How long you planning to HODL? Any specific targets in mind?
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BennyBiscuits_
05/10
McGregor's move could be a game-changer. Ireland might just become the next big player in Bitcoin reserves. 🚀
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ZhangtheGreat
05/10
@BennyBiscuits_ Do you think other EU countries will follow?
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thelastsubject123
05/10
Ireland's FDI could get a digital boost
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zarrasvand
05/10
OMG!Those $BTC whale-sized options block were screaming danger! � Closed positions just in time profiting more than $122
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